A 'no LLPA' pitch usually means a portfolio lender, and that claim deserves scrutiny before you move anything. A lender claiming no loan-level price adjustments is usually a bank or credit union lending its own money rather than selling loans to Fannie Mae or Freddie Mac. When that is genuinely true, the lender sets its own pricing and is not bound by the agency LLPA grid. The catch: those same portfolio lenders often do not offer FHA at all, so switching lenders to avoid LLPAs and switching loan types to FHA are two different moves. Verify what the lender actually offers first. On switching from conventional to FHA mid-transaction: usually workable if you are already in process with a broker or lender who does both. Expect a day or two of delay, and the appraisal may need to be upgraded to meet FHA's additional property condition requirements. The real estate side matters just as much: - Some properties cannot go FHA at all, such as a condo in a project without FHA approval. - In California, the purchase contract specifies the financing type. Changing loan type is something you disclose and coordinate with your agent and the seller's side. Do it quietly and you risk being out of contract. Loop in both your loan officer and your agent before changing anything. We are glad to run the FHA-versus-conventional cost comparison so the decision is driven by numbers rather than the LLPA headline.